HOVRUD AUTO AS

2920 LEIRA I VALDRES

Finances

Share Ownership

Return on Equity

8,38 %

Current Ratio

2,57

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 383 000	102 233 000	51 959 000	48 147 000
Net Income	916 000	3 293 000	886 000	407 000
Total Assets	24 019 000	29 711 000	23 899 000	20 707 000
Total Equity	10 931 000	10 016 000	6 722 000	5 837 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 383 000	102 233 000	51 959 000	48 147 000
Expenditure	66 869 000	97 729 000	50 678 000	47 080 000
Operating Profit	1 514 000	4 504 000	1 280 000	1 066 000
Financial Income	22 000	21 000	33 000	22 000
Financial Costs	361 000	303 000	319 000	561 000
Financial Balance	−339 000	−282 000	−286 000	−539 000
Earnings Before Tax	1 176 000	4 222 000	995 000	528 000
Tax	260 000	929 000	109 000	121 000
Net Income	916 000	3 293 000	886 000	407 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	799 000	935 000	952 000	799 000
Total Current Assets	23 220 000	28 776 000	22 947 000	19 908 000
Total Assets	24 019 000	29 711 000	23 899 000	20 707 000
Total Retained Equity	6 689 000	5 774 000	2 481 000	1 595 000
Total Equity	10 931 000	10 016 000	6 722 000	5 837 000
Total Long-Term Debt	4 050 000	8 276 000	7 354 000	5 873 000
Total Current Debt	9 038 000	11 420 000	9 823 000	8 998 000
Total Equity and Debt	24 019 000	29 711 000	23 899 000	20 707 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 117 000	101 807 000	51 743 000	47 981 000
Other Income	267 000	426 000	216 000	166 000
Revenue	68 383 000	102 233 000	51 959 000	48 147 000
Cost of Goods Sold	56 117 000	86 380 000	41 820 000	38 386 000
Salary Costs	7 152 000	6 925 000	5 378 000	5 410 000
Depreciation	176 000	226 000	331 000	330 000
Impairment	0	0	0	0
Expenditure	66 869 000	97 729 000	50 678 000	47 080 000
Operating Profit	1 514 000	4 504 000	1 280 000	1 066 000
Financial Income	22 000	21 000	33 000	22 000
Financial Costs	361 000	303 000	319 000	561 000
Financial Balance	−339 000	−282 000	−286 000	−539 000
Dividends	0	0	0	0
Net Income	916 000	3 293 000	886 000	407 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	289 000	352 000	267 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	485 000	558 000	659 000	799 000
Total Tangible Assets	485 000	558 000	659 000	799 000
Total Fiancial Fixed Assets	25 000	25 000	25 000	0
Total Fixed Assets	799 000	935 000	952 000	799 000
Stock	15 157 000	17 269 000	15 519 000	11 937 000
Total Investments	0	0	0	0
Cash, Bank	3 112 000	3 932 000	5 988 000	4 125 000
Total Current Assets	23 220 000	28 776 000	22 947 000	19 908 000
Total Assets	24 019 000	29 711 000	23 899 000	20 707 000
Total Equity	10 931 000	10 016 000	6 722 000	5 837 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 050 000	8 276 000	7 354 000	5 873 000
Creditors	5 704 000	3 771 000	6 203 000	5 358 000
Unpaid Taxes	1 055 000	3 569 000	1 832 000	2 049 000
Dividends	0	0	0	0
Other Current Debt	2 082 000	3 066 000	1 411 000	1 470 000
Total Current Debt	9 038 000	11 420 000	9 823 000	8 998 000
Total Equity and Debt	24 019 000	29 711 000	23 899 000	20 707 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,38 %	32,88 %	13,18 %	6,97 %
Debt-to-Equity Ratio	0,37	0,83	1,09	1,01
Operating Profit Margin	2,21 %	4,41 %	2,46 %	2,21 %
Current Ratio	2,57	2,52	2,34	2,21
Quick Ratio	−3,79	−4,92	−4,03	−6,77
Equity Ratio	0,46	0,34	0,28	0,28
Gross Profit Margin	17,94 %	15,51 %	19,51 %	20,27 %